Whether for a new kitchen or rec room, a vacation, education expenses, new car or for just about any purpose, a home equity loan can be the answer while also offering possible tax advantages.* Ours come with no points, no closing costs and no annual fees.** And, unlike many institutions that make you pay the old-fashioned way…monthly, or charge you a fee to pay more frequently, at Wave you can set up a weekly, bi-weekly or monthly payment plan. And you can change it at any time…without penalty. You can also choose to pay interest only or principal and interest.

So whether you are interested in a variable rate plan or a fixed rate plan, put it on the house and let us help design the right loan program for you. Applying is easy. Just bring in your verification of income, proof of ownership and an insurance binder and we’ll help with the rest. We can even provide a pre-approval within 24-hours.

Fixed Rate Home Equity Loans

Wave home equity loans have fixed rates, set monthly payments and no annual fees or closing costs.** They are ideal for borrowing a large amount at once and paying a pre-determined monthly amount.

Variable Rate Home Equity Lines

Wave variable rate home equity lines can be accessed by simply writing a check or transferring funds via Wavenet, Waveline or a simple telephone call. You pay only on the amount you use and at a rate based on the Prime Rate. You can also choose to pay interest only or principal and interest. There are no annual fees or closing costs.**

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